(MENAFN- The Peninsula) The Peninsula
The Investment Promotion Agency Qatar (IPA Qatar) and Qatar Research, Development and Innovation (QRDI) Council announced a new partnership that aims to accelerate the development of the RDI ecosystem in Qatar and bolster new opportunities for foreign investments in this strategic field.
As part of the national strategy to further grow the innovation and research eco-system in Qatar and boost the country's international compet-itiveness, the two organisations have pledged to leverage their experience and synergies to attract innovative businesses to Qatar and support their RDI activities.
This joint collabo-ration also aims to provide investors with more access to Qatar's lucrative RDI opportu-nities across different sectors, while fuelling the State's trans-formative change towards a knowledge-based economy, characterised by innovation, as outlined in the Qatar National Vision 2030.
CEO of IPA Qatar Sheikh Ali Alwaleed Al Thani said:“Over the last few years, significant strides have been made to revolutionise the RDI sector in Qatar and deepen the ongoing cultivation of a vibrant innovation eco-system. Backed by future-ready infrastructure, a conducive business environment, and an unwavering commitment to advancing research and inno-vation, Qatar is spearheading a new legacy in the region.”
Al Thani added: “We are pleased to embark on this col-laboration with QRDI Council, and jointly boost the competi-tiveness of Qatar's economy by leveraging the RDI landscape and to enable and support the attraction of foreign businesses in this field.”Secretary General of QRDI Council Eng. Omar Ali Al Ansari said:“We look forward to sup-porting international, inno-vation-driven businesses in Qatar, helping to drive strategic connections with government agencies and large local entities that provide the testing grounds for piloting technologies for new products and services. We're also committed to building important linkages between R&D-intensive busi-nesses and our research and academic institutions, so that private businesses can leverage the world-class infrastructure available in Qatar.”
Al Ansari added: “Our recently launched QRDI Portal is a testimony to the significant benefits that can be unlocked through greater collaboration. International companies can connect with entities in Qatar housing highly specialised facil-ities, equipment and services to further develop their innovation and research activities.”
Complementing its role as a key gateway to all investment solutions in Qatar, IPA Qatar will work closely with QRDI Council to connect foreign businesses to relevant government agencies, local businesses, and knowledge institutions, and offer them access to R&D opportunities across different sectors.
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